Q2 EPS Forecast for Global Industrial Reduced by Analyst

Global Industrial (NYSE:GIC) – Research analysts at William Blair decreased their Q2 2025 earnings estimates for Global Industrial in a note issued to investors on Thursday, January 2nd. William Blair analyst R. Merkel now forecasts that the company will post earnings of $0.51 per share for the quarter, down from their prior estimate of $0.58. The consensus estimate for Global Industrial’s current full-year earnings is $1.62 per share. William Blair also issued estimates for Global Industrial’s FY2025 earnings at $1.61 EPS.

Global Industrial Price Performance

Global Industrial stock opened at $24.33 on Monday. Global Industrial has a 1-year low of $23.93 and a 1-year high of $46.97. The business has a fifty day moving average price of $26.85 and a 200-day moving average price of $30.76. The stock has a market capitalization of $930.16 million, a price-to-earnings ratio of 14.31, a PEG ratio of 1.04 and a beta of 0.88.

Global Industrial (NYSE:GIC) last posted its earnings results on Tuesday, October 29th. The company reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.14). Global Industrial had a net margin of 4.92% and a return on equity of 24.53%. The firm had revenue of $342.40 million for the quarter, compared to analysts’ expectations of $353.44 million. During the same period in the previous year, the company earned $0.54 EPS.

Global Industrial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 18th. Stockholders of record on Monday, November 11th were paid a dividend of $0.25 per share. The ex-dividend date was Friday, November 8th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.11%. Global Industrial’s payout ratio is 58.82%.

Insider Activity

In other news, Vice Chairman Bruce Leeds sold 5,840 shares of Global Industrial stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $28.28, for a total transaction of $165,155.20. Following the completion of the sale, the insider now directly owns 23,675 shares in the company, valued at approximately $669,529. The trade was a 19.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 65.30% of the company’s stock.

Hedge Funds Weigh In On Global Industrial

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. FMR LLC increased its holdings in Global Industrial by 14.7% in the 3rd quarter. FMR LLC now owns 2,534,156 shares of the company’s stock worth $86,085,000 after buying an additional 325,555 shares during the period. Hotchkis & Wiley Capital Management LLC boosted its holdings in shares of Global Industrial by 101.9% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 177,884 shares of the company’s stock valued at $6,043,000 after acquiring an additional 89,780 shares during the last quarter. Millennium Management LLC increased its stake in shares of Global Industrial by 79.4% in the second quarter. Millennium Management LLC now owns 126,107 shares of the company’s stock worth $3,955,000 after acquiring an additional 55,801 shares during the period. Edgestream Partners L.P. purchased a new position in shares of Global Industrial during the second quarter worth $1,017,000. Finally, Barclays PLC raised its holdings in shares of Global Industrial by 221.5% during the third quarter. Barclays PLC now owns 30,622 shares of the company’s stock worth $1,041,000 after purchasing an additional 21,097 shares during the last quarter. Hedge funds and other institutional investors own 31.19% of the company’s stock.

Global Industrial Company Profile

Global Industrial Company operates as an industrial distributor of various industrial and maintenance, repair, and operation (MRO) products in North America. It offers storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, foodservice and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials.